VANCOUVER, BC, April 10, 2026 (GLOBE NEWSWIRE) — Digital Asset Applied sciences Inc. (CSE: DATT) (OTCPK: DGTEF) (FSE: 9880) (“DATT” or the “Company”), a know-how targeted funding issuer, publicizes that, in reference to a steady disclosure assessment by the British Columbia Securities Fee (the “BCSC”), the Firm intends to amend and refile sure beforehand filed monetary statements and associated administration’s dialogue and evaluation (“MD&A”).
The Firm has decided that its beforehand filed:
audited annual monetary statements and MD&A for the yr ended July 31, 2025; and interim monetary statements and MD&A for subsequent intervals
include disclosure and accounting errors relating primarily to:
the accounting therapy and valuation of the Firm’s acquisition of LiquidLink AI Corp.; the accounting for sure share-based debt settlements; and disclosure associated to the Firm’s investments in personal firms.
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Consequently, the Firm advises that the beforehand filed monetary statements and MD&A shouldn’t be relied upon.
Nature of Revisions
The Firm expects that the amended and restated filings will embody:
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revisions to the truthful worth measurement of consideration issued in reference to the LiquidLink acquisition; revisions to the accounting for debt settlements to mirror truthful worth of shares issued; up to date impairment assessments referring to investments and receivables; and elimination of promotional or unsupported disclosure, together with projected monetary efficiency of investee firms.
Timing
The Firm is working with its auditors and advisors to finish the amended and restated filings and can refile the revised paperwork on SEDAR+ as quickly as practicable.
Further Disclosure
The Firm may even file amended MD&A that:
limits disclosure concerning personal investments to factual historic data; discloses impairment assessments and timing of impairments; and displays up to date and corrected disclosure according to relevant securities necessities.
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Cautionary Be aware
Traders are cautioned to not depend on the Firm’s beforehand filed monetary statements and MD&A till the amended and restated filings have been accomplished and filed.
About Digital Asset Applied sciences Inc.
Digital Asset Applied sciences (CSE: DATT) is a publicly traded funding issuer that identifies and makes fairness investments in world firms which might be creating and commercializing know-how.
The Canadian Securities Trade doesn’t settle for duty for the adequacy or accuracy of this launch and has neither authorised nor disapproved the contents of this press launch.
Cautionary Be aware concerning Ahead Wanting Statements
